Does the fact that I am going to pay close to 2/3's of the total price of the car as a down payment?
2006-07-16 16:27:35 · 5 answers · asked by Matt 3 in Cars & Transportation ➔ Insurance & Registration
Insurance doesn't matter what you owe on the loan.
Insurance is based on value of car, cost to fix the car on average (every car is different), your age, married or not, and any more your credit score. Plus it depends on how many tickets, accidents are on your driving record.
You might pay $45 a month.....you might pay $212 a month. Won't know till you call insurance companies and give them your info so they can put it into their formula to figure out what to charge you.
2006-07-16 16:32:11 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Why can't you call your insurance person in the morning? None of us would know how much you will pay. You need the vin number and other items to determine that. They ask you questions about how far you drive, criminal background, do you wear a safety belt? Do you smoke? You can get it cheaper if you go wherever you have your house or apartment insurance. They need a lot of information to give you a quote.
Money has nothing to do with how much your insurance will cost.
2006-07-16 23:35:55 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The loan amount does not determine how much your insurance premium will be. Insurance rates are based on the Drivers age, sex, marital status, driving record and how long the driver has been licensed. They are also based address, miles driven per year, type of car (Vehicle Value), safety restraints, anti-theft device and type of engine & Tranny the car has.
2006-07-17 22:31:51 · answer #3 · answered by daango26 2 · 0⤊ 0⤋
It depends on your age and location more than downpayment. In fact, I wouldn't think that the money down would even matter.
You can get insurance quotes online. I know GEICO does.
2006-07-16 23:32:28 · answer #4 · answered by shoppingontherun 4 · 0⤊ 0⤋
NOT ENOUGH THAT IS A BEAUTIFUL CAR YOU CAN'T GO WRONG MOPAR OR NO CAR ALL THE WAY
2006-07-16 23:36:13 · answer #5 · answered by gurlfriin 2 · 0⤊ 0⤋